Data Bridge Market Research analyses that the cocoa and chocolate market was valued at USD 74.39 million in 2021 and is expected to reach the value of USD 115.91 billion by 2029, at a CAGR of 5.7% during the forecast period of 2022 to 2029.
Market Analysis and Size
Cocoa is a substance made from the seeds of the cocoa tree. Although it originated in Latin America, cocoa is now grown in nearly every tropical region, from West and Central Africa to Asia and Oceania. Cocoa seeds are used to produce a range of products such as cocoa liquor, cocoa butter, and cocoa powder.
Data Bridge Market Research analyses that the cocoa and chocolate market was valued at USD 74.39 million in 2021 and is expected to reach the value of USD 115.91 billion by 2029, at a CAGR of 5.7% during the forecast period of 2022 to 2029.
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Market Definition
Cocoa is an unadulterated form of chocolate. Chocolate is made from cocoa beans and has gone through the same manufacturing process as cocoa. However, cocoa butter is not removed from chocolate. Cocoa butter contributes to chocolate's smoother and richer consistency.
Global Cocoa and Chocolate Market Scope
The cocoa and chocolate market is segmented on the basis of chocolate type, cocoa type, application and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Chocolate type
- Dark
- White
- Filled
- Milk
Cocoa type
- Cocoa beans
- Cocoa butter
- Cocoa powder & cake
- Cocoa liquor & paste
- Cocoa nibs
- Others
Application
- Confectionary
- Cosmetics
- Pharmaceuticals
Distribution channel
- Sales Channel
- Distributors
- Traders
- Dealers
Cocoa and Chocolate Market Regional Analysis/Insights
The cocoa and chocolate market is analysed and market size insights and trends are provided by country, type of chocolate type, cocoa type, application and distribution channel as referenced above.The countries covered in the cocoa and chocolate market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Competitive Landscape and Cocoa and Chocolate Market Share Analysis
The cocoa and chocolate market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to cocoa and chocolate market.
Some of the major players operating in the cocoa and chocolate market are:
- Cemoi Chocolatier (France)
- Republica del Cacao (Ecuador)
- Nestlé S.A. (Switzerland)
- Mars Incorporated (U.S.)
- Fuji Oil Holdings Inc. (Japan)
- Guittard Chocolate Co. (U.S.)
- Ghirardelli Chocolate Co. (U.S.)
- Varihona Inc. (France)
- Barry Callebaut AG (Switzerland)
- Alpezzi Chocolate SA De CV (Mexico)
- Kerry Group Plc (Ireland),
- Olam International Ltd. (Singapore)
- Tcho Ventures Inc. (U.S.)
- The Hershey Company (U.S.)
- Cargill, Incorporated (U.S.)
- Blommer Chocolate Company (U.S.)
- Foley's Candies LP (Canada)
- Puratos Group Nv (Belgium)
- Ferrero International S.A. (Italy)
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Cocoa and Chocolate Market
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